SUMMONS TO THE ANNUAL GENERAL MEETING OF TULIKIVI CORPORATION

SUMMONS TO THE ANNUAL GENERAL MEETING OF TULIKIVI CORPORATION
The shareholders of Tulikivi Corporation are invited to the Annual
General Meeting to be held on 17 April 2008 at 12.00 at the Kivikylä
auditorium in Nunnanlahti, Juuka.
The following matters will be dealt with by the Annual General
Meeting:
1. Matters belonging to the Annual General Meeting according to
Article 10 of the Articles of Association and Chapter 5 Article 3 of
the Companies' Act.
2. Proposal concerning the composition of the Board of Directors
The nomination committee proposes to the Annual General Meeting that
Juhani Erma, Risto Jääskeläinen (Bishop Ambrosius), Maarit Toivanen-
Koivisto, Eero Makkonen, Heikki Vauhkonen, Reijo Vauhkonen and Matti
Virtaala as members of the Board of Directors for the new term.
3. Proposal concerning auditor
The Board of Directors proposes to the Annual General Meeting that
the audit firm KPMG Oy Ab is elected as auditor of the company with
authorised public accountant Ari Eskelinen as the responsible
auditor.
4. Proposal to distribute dividends
The Board of Directors proposes to the Annual General Meeting that
0.0450 euros/share is paid as dividend to the A-series shares and
that 0.0433 euros/share is paid as dividend to the K-series shares.
The dividend payment resolved by the Annual General Meeting is to be
paid to shareholders who, on the record date for dividend payment,
are registered in the share register of the company kept by the
Finnish Central Securities Depository. The record date for the
dividend payment is 22 April 2008. The Board of Directors proposes to
the Annual General Meeting that the dividend is paid on 29 April
2008.
5. Proposal by the Board of Directors to authorise the Board of
Directors to decide upon the repurchase of own shares
The Board of Directors proposes to the Annual General Meeting that
the Annual General Meeting would resolve to authorise the Board of
Directors to decide on the repurchase of the company's own shares
under the following terms:
a) The company's shares are to be acquired in order to develop the
company's capital structure and to be used as consideration in
acquisitions or other structural arrangements in a manner determined
by the Board of Directors. In addition, the shares may be acquired
for the use in share-based incentive arrangements, for payment of
share-based remuneration or otherwise to be transferred or cancelled.
b) A maximum number of 2 760 397 of the A-series shares and 954 000
of the K-series shares of the company may be repurchased.
c) Shares will be acquired in the following manner:
(i) The company's A-series shares will be acquired through public
trading at the OMX Nordic Exchange Helsinki in accordance with the
decision of the Board of Directors and by deviating from the
ownership share of the shareholders, at the price set at the OMX
Nordic Exchange Helsinki and in accordance with its rules;
(ii) The company's K-series shares will be acquired in proportion to
shares owned by the shareholders by making an offer to the owners of
the K-series shares with the following terms: the price paid for the
K-series shares corresponds to the weighted average price paid in the
executed transactions in the public trading of the A-series shares at
the OMX Nordic Exchange Helsinki during the two week period preceding
the signing date of the offer. In case the company has not managed to
acquire the number of K-series shares set out in the resolution by
the General Meeting, the Board of Directors may acquire the missing
amount from those owners of the K-series shares willing to sell more
than their proportional share of the shares to be acquired. In case
more shares are offered for sale than the number to be purchased, the
Board of Directors will decide, having regard to the ownership share
of the sellers and the number of shares offered for sale, how the
number shares to be purchased is to be allocated among the
shareholders offering shares for repurchase.
d) The repurchase of the shares will be carried out with funds
available for distribution of profits and the acquisition will reduce
the equity available for distribution.
e) The authorisation to repurchase shares is in force until the
Annual General Meeting to be held in 2009, however, not for a longer
period than 18 months as of the resolution by the General Meeting.
f) All other issues related to the repurchase of shares are decided
by the Board of Directors of the Company.
6. Proposal by the Board of Directors to authorise the Board of
Directors to decide upon an issue of shares and a transfer of the
company's own shares in possession of the company and a right to
issue special rights entitling to shares as defined in Chapter 10
Article 1 of the Companies' Act.
The Board of Directors proposes to the Annual General Meeting that
the Annual General Meeting would resolve to authorise the board of
directors to decide upon an issue of new shares or a transfer of the
company's own shares in the possession of the company. The new shares
or the company's own shares in possession of the company may be
issued against payment or free of charge to all shareholders in
accordance with their proportional ownership of the company's shares
or by deviating from the shareholders' preemptive subscription right
provided there is a weighty financial reason from the company's point
of view for the deviation. A share issue free of charge may deviate
from the shareholders' preemptive subscription right only if there is
a particularly weighty reason from the point of view of the company
and all its shareholders.
New shares may be issued in the following amounts: a total of no more
than 5 520 794 A-series shares and no more than 1 908 000 Kseries
shares. The company's own shares in the company's possession may be
issued in the following amounts: a total of no more than 5 520 794 A-
series shares and no more than 1 908 000 Kseries shares.
In addition the authorisation would include a right to issue costfree
shares to the company, provided that the number of shares
issued to the company would not exceed one tenth (1/10) of all shares
of the company. When calculating this number, the number of shares
held by the company as well as those held by its subsidiaries must be
accounted for as set out in Chapter 15, Section 11, paragraph 1 of
the Companies' Act.
The authorisation also includes the right to issue special rights, as
defined in Chapter 10, Section 1 of the Companies' Act, which entitle
to subscribe for new shares or acquire shares in the possession of
the company against payment. The payment may be made in cash or by
setting off the subscriber's receivable against the company as
payment for the share subscription or acquisition.
The Board of Directors is entitled to decide upon other issues
related to the share issues.
The authorisation to repurchase shares is in force until the Annual
General Meeting to be held in 2009.
Disclosure of the documents
The annual accounts of the company and the proposals made to the
General Meeting are available for inspection by the shareholders as
of 17 March 2008 at the company's head office at Nunnanlahti and on
the Internet homepage of the company at the address www.tulikivi.com.
Copies of the documents will be sent to shareholders upon request.
The annual report will be sent by mail to all shareholders.
Right to participate and advance notification
Shareholders who have at the latest on 7 April 2008 been registered
as shareholders in the share register of the company maintained by
the Central Securities Depository are entitled to attend the General
Meeting.
A shareholder who wishes to attend at the General Meeting shall
notify the company in advance thereof at the latest on 7 April 2008.
The notification should be made either by phone to Kaisa Toivanen,
number 0207 636 251, by e-mail to the address
kaisa.toivanen@tulikivi.fi or by mail to the address Tulikivi
Corporation / yhtiökokous, 83900 Juuka. Any powers of attorney should
be presented in connection with the advance notification.
In Juuka 6 March 2008
TULIKIVI CORPORATION
BOARD OF DIRECTORS

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